Economic Outlook No 117 — Harmonised headline inflation in Portugal
Portugal: Economic Outlook No 117 — Harmonised headline inflation was 2.15 in 2026. ◆ Volatile
Economic Outlook No 117 — Harmonised headline inflation in Portugal, 1991–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2026, economic outlook no 117 — harmonised headline inflation in Portugal stood at 2.15.
The figure is up 1.7% on the previous year and up 238.0% over ten years.
Over the whole period, economic outlook no 117 — harmonised headline inflation in Portugal peaked at 11.43 in 1991 and was at its lowest, -0.9026, in 2009.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Harmonised headline inflation in Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 11.43 | — |
| 1992 | 8.86 | -22.4% |
| 1993 | 5.93 | -33.1% |
| 1994 | 4.97 | -16.2% |
| 1995 | 3.97 | -20.2% |
| 1996 | 2.94 | -26.0% |
| 1997 | 1.89 | -35.6% |
| 1998 | 2.22 | +17.2% |
| 1999 | 2.17 | -2.1% |
| 2000 | 2.8 | +29.3% |
| 2001 | 4.41 | +57.2% |
| 2002 | 3.7 | -16.1% |
| 2003 | 3.24 | -12.5% |
| 2004 | 2.51 | -22.5% |
| 2005 | 2.13 | -15.2% |
| 2006 | 3.05 | +43.0% |
| 2007 | 2.42 | -20.5% |
| 2008 | 2.65 | +9.5% |
| 2009 | -0.9026 | -134.0% |
| 2010 | 1.39 | -254.1% |
| 2011 | 3.55 | +155.5% |
| 2012 | 2.78 | -21.9% |
| 2013 | 0.4401 | -84.1% |
| 2014 | -0.1597 | -136.3% |
| 2015 | 0.5076 | -417.8% |
| 2016 | 0.6358 | +25.3% |
| 2017 | 1.56 | +144.7% |
| 2018 | 1.17 | -25.0% |
| 2019 | 0.2998 | -74.3% |
| 2020 | -0.1213 | -140.5% |
| 2021 | 0.9413 | -875.8% |
| 2022 | 8.1 | +760.8% |
| 2023 | 5.26 | -35.0% |
| 2024 | 2.67 | -49.3% |
| 2025 | 2.11 | -20.8% |
| 2026 | 2.15 | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.93 | 1.89 | 11.43 | 9 |
| 2000s | 2.6 | -0.9026 | 4.41 | 10 |
| 2010s | 1.22 | -0.1597 | 3.55 | 10 |
| 2020s | 3.02 | -0.1213 | 8.1 | 7 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 2,473 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 7.94 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1825 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 5,856 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 3.39 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1615 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 5,183 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 1.4 % change on previous year (2025)
Frequently asked questions
- What is economic outlook no 117 — harmonised headline inflation in Portugal?
- Economic outlook no 117 — harmonised headline inflation in Portugal was 2.15 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — harmonised headline inflation recorded in Portugal?
- The highest recorded value was 11.43 in 1991.
- What is the lowest economic outlook no 117 — harmonised headline inflation recorded in Portugal?
- The lowest recorded value was -0.9026 in 2009.
- How does Portugal rank for economic outlook no 117 — harmonised headline inflation?
- Portugal ranks 2nd out of 12 countries with data for 2026.
- Is economic outlook no 117 — harmonised headline inflation rising or falling in Portugal?
- Over the last ten years it is up 238.0%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Harmonised headline inflation. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP